REITs are having new, single-family homes built, largely in stalled subdivisions, with the express purpose of renting them to the growing market of people who want to live in houses but can’t afford the down payments or qualify for loans.Read More »
Commercial Real Estate
Whether it was a fluke or the start of something big, contractors rocked last week in Mecklenburg County. Builders pulled more than $104 million in county building permits from Sunday, May 12, through Saturday, May 18, the 20th week of 2013, according to county data records.Read More »
First communion is a rite of passage in the Catholic Church. It’s an important time in which families gather to celebrate a child’s taking his or her first sacrament of the Holy Eucharist. Though first communion is among the more important functions at any Catholic church, most churches don’t put up new buildings to host the ceremonies.Read More »
When a local zoning board of adjustment rules in favor of a builder, the zoning battle is not necessarily over. That’s because the deadline for anyone to appeal such a ruling can be a moving target. And if the appeal succeeds, it can kill a project that at one point seemed a sure thing. But House Bill 276, which has passed the North Carolina House and is in the Senate Commerce Committee, would set a much more firm appeal deadline, provided the builder who got the favorable ruling knows the rudiments of making and displaying a sign.
Tagged with: zoningRead More »
Prior to 2003, the growing town of Harrisburg, just north of Charlotte in Cabarrus County, didn’t have an epicenter of commercial property. Sure, there were small pockets of retail and places to eat, including the Harrisburg Family House Restaurant, but the town lacked a real center of activity and congregation.
Tagged with: Commercial ConfidentialRead More »
For M/I Homes Charlotte, the third time was a farm. In its recent push to self-develop raw land into lots, the most-permitted homebuilder last year in Mecklenburg County has won its first of three rezoning battles to develop and build a residential subdivision.Read More »
It wasn’t the developer’s first choice and it was a long time coming, but Harris Teeter is the grocer most likely to anchor the first stage of commercial development in the mixed-use Antiquity community, off N.C. Highway 115 against Cornelius’ border with the town of Davidson.Read More »
Television networks devoted to all things real estate and home improvement are pumping out new shows in less time than it takes to drive to the neighborhood Lowe’s or Home Depot. But what’s in it for all the businesses that volunteer their time and materials to make this peculiar brand of TV work? At least four business people in Charlotte can provide varied answers to that question. Their experiences ranged from not-so-good to stellar, with stops in between. But, as a testament to the powerful allure of showbiz, all said they would do it again.Read More »
With each new apartment project that pops up around Charlotte during this boom, the existing product only becomes more tired. So even though Camden Sedgebrook is only 15-years-old in human years, in apartment years, it’s ancient. Newer apartment communities were making it increasingly difficult for Sedgebrook to compete for tenants.
Tagged with: Renovation ReportRead More »